2024-02-20
Added · Updated
The Hong Kong Monetary Authority issued these Questions and Answers to provide guidance on the implementation of the Basel III final reform package, specifically regarding credit risk and the output floor. The document clarifies regulatory capital treatments for non-securitization exposures and addresses specific topics such as IPO financing and Swap Connect. It serves as a supplementary resource for all Authorized Institutions to ensure compliance with the revised credit risk framework and output floor requirements.